Co-founders of the Gemini crypto exchange, twin brothers Tyler and Cameron Winklevoss, once again pointed to the giant potential of Bitcoin. They have repeatedly stated that the largest digital currency is set for long-term growth. As part of an online conference on fintech, which opened on...
American billionaire, hedge fund manager Ray Dalio finds that Bitcoin can offer protection against the "depreciating value of money". Dalio seems to have changed his mind towards Bitcoin. During his recent AMM session on Reddit, the investor recognized the leading crypto asset as an...
Square has announced its plan to become a zero-carbon company by 2030. This was announced in a press release from Square on December 8th. As part of the initiative, Square will provide $ 10 million to "support companies that are working to introduce and improve the efficiency of renewable...
The number of bitcoin supporters is growing among businessmen. Earlier it became known that such large players as, for example, Paul Tudor Jones, have already invested in BTC. U. S. Global Advisors CEO Frank Holmes said that 2021 will be a crazy year not only for gold but also for cryptocurrencies....
Blockstream CEO Adam Back believes bitcoin users are better off using "bits" instead of "satoshi" when making day-to-day transactions. Satoshi is the smallest and most indivisible unit of the value of bitcoin. One bitcoin is divided into 100 million satoshi. According to Beck,...
Nasdaq-listed business analytics and mobility platform MicroStrategy got 2574 bitcoins for $50 million. This makes 40,824 BTC, for a total of about half a billion dollars in crypto assets in MicroStrategy's portfolio. The CEO of MicroStrategy Michael Saylor confirmed the news on his social...
The number of positive posts about Bitcoin has skyrocketed on Twitter. Even the recent drop in the value of the largest digital currency could not provoke a surge of negative emotions among users of the social network. The number of positive reviews for BTC has reached its highest level in the past...
According to Morgan Creek CEO Mark Yusko, traditional institutions are trying in every possible way to slow down the adoption of bitcoin. The businessman expressed his position on Twitter and noted that opposition from such institutions is one of the main problems for the largest digital currency...
On Nov 27, 2020, Pizza Hut announced that customers can pay for their services with digital currency. Never before had the popular pizza place accepted any kind of cryptocurrency. This became possible due to a collaboration with the Latin American crypto trading platform, Crypto Buyer. The company...
Another financial giant reported an increase in investment in bitcoin. Canadian investment firm Cypherpunk announced last Thursday that it had purchased 72,979 BTC since June 30, 2020. The increase in Bitcoin reserves was the result of the liquidation of the company's assets in Ether (ETH) and...
According to Galaxy Digital CEO Mike Novogratz, BTC will grow in value in the long term. The businessman and BTC supporter expressed his forecast in an interview with Yahoo Finance Live. Novogratz stressed that the rise of cryptocurrency this year was the result of massive capital inflows into this...
Following the price growth up to $19,500 during the day’s trading, Bitcoin saw a period of bearish uncertainty that resulted in a sharp sell-off. Bitcoin then rated $17,075 with daily losses of around 5%. The sudden price drop came in tandem with large-volume investors depositing BTC to exchanges...
Justifying the expectations of the community, BTC today scored $19000 for the first time since mid-December 2017. Since November 18, it has been trading for about $18.700, sometimes felling lower than $18.000 then going up again. At the time of writing the price is about...
PayPal CEO Dan Shulman, in an interview with CNBC on Monday, November 23, was optimistic about the outlook for Bitcoin. “I think there will be more and more crypto use cases that will make bitcoin more widely used, more stable, and probably more valuable over time,” he said. Shulman said the...
Pantera Capital said in a recent letter to investors that payment company PayPal has acquired the equivalent of nearly 70% of all BTC that have been mined in the past month. PayPal launched its cryptocurrency service this month for US customers. The company noted a high demand for cryptocurrency...
US-based asset management establishment DAiM lately informed about launching the country’s first employer-provided retirement programs that maintain BTC fundings. As reported by the officials, DAiM will act as the advisor and depositary in supporting firms to build a 401(k) program that suggests...
Large investors, who are often called "whales" who bought bitcoin above $ 17,000, are not interested in the cryptocurrency falling below this level. That is the conclusion reached by researchers from the WhaleMap team, which monitors the activity of large BTC holders. Their report says...
According to the chairman of the US Securities and Exchange Commission (SEC), Jay Clayton, the rapid rise in the value of bitcoin is directly related to the weakening of people's interest in traditional payment systems. The head of the regulator expressed this point of view in an interview with...